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365 Putnam Road, 
Plainfield, CT 06239

$465,000


8

Beds


3

Baths


4,272

Sq Ft


Multi-Family

Active

Listed by

Kyle Neumann, (860) 370-3712

Houlihan Lawrence, (203) 438-0455

(203) 438-0455

Last updated:

March 4, 2026, 02:55 PM

MLS#

24154093

Source:

CT

About This Home

365 Putnam Road

Looking for easy, low maintenance and low overhead - this fully remastered, High-Yield Two-Family Investment located on the Danielson boarder...Renovated from roof down with only $4k in annual taxes; This investment offers exceptional scale, condition, and income potential. With a gross expected rent of $79k/year, our expected cap rate comes in at 13%. Each unit is configured as a massive four-story townhome, featuring 3 BR layouts that live and sleep like four, delivering flexible living space and strong rental appeal. The property also includes four garage bays, providing an additional income stream and enhancing overall yield. When fully leased across both residential units and all garage bays, the property demonstrates strong investment performance, with projected returns outlined in the attached pro forma. The pro forma details rental assumptions, garage income, and operating considerations for a clear view of the property's income potential. Just beyond the garage in the rear of the property includes an overgrown tennis court. Due to zoning, this Conveniently located within walking distance to a mini mart and package store, and minutes to Interstate 395, the property offers both accessibility and neighborhood convenience. A rare opportunity to acquire a turnkey, income-producing multi-family asset with multiple revenue streams, scale, and upside - Massive lot with 2.4 acres.

Home Facts

Multi-Family

3 Baths

8 Bedrooms

Built in 1877

Price Summary

465,000

$108 per Sq. Ft.

MLS #:

24154093

Last Updated:

March 4, 2026, 02:55 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

4,272 Sq. Ft.


Structure

Structure

Architectural Style:

Units are Side-by-Side

Building Area:

4,272 Sq. Ft.

Year Built:

1877


Lot

Lot Size (Sq. Ft):

100,187


Finances & Disclosures

Finances

Price:

$465,000

Price per Sq. Ft:

$108 per Sq. Ft.

Source:CT
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.